I am now unable to post from the web app, Chrome on Windows 11.
Every year that the US fails to balance the budget, the purchasing power of the US Dollar falls between 5% and 15%.
Bitcoin's purpose is to give people around the world a place to put their money that does not sink into the abyss.
Yes, that is the ideal and I believe we will get there as time passes. There are many smart people working on projects to make that easier than it is today. I also think we can encourage that by asking every time we buy something if the accept bitcoin and then pay using it even if we are hodling. When I do I just buy more bitcoin using the fiat I would have spent.
I used think that we had no MoE yet until I read a great article from nostr:npub1w69ya7xs697hk3hky3gllryz8rwverfa0ylz89chf9qnhfcskc2s64zltw a couple of months ago. Here is a summary and a link to it.
https://www.perplexity.ai/search/please-find-an-article-parker-z29rHzp2QZ2kK2XqMoraGw
It changed my way of thinking about MoE that it will be in phases and we are in the process.
That has made me consider ways to create Unit of Account adoption in phases too and if you’re interested I can share more details
Yes, that is the ideal and I believe we will get there as time passes. There are many smart people working on projects to make that easier than it is today. I also think we can encourage that by asking every time we buy something if the accept bitcoin and then pay using it even if we are hodling. When I do I just buy more bitcoin using the fiat I would have spent.
I used think that we had no MoE yet until I read a great article from nostr:npub1w69ya7xs697hk3hky3gllryz8rwverfa0ylz89chf9qnhfcskc2s64zltw a couple of months ago. Here is a summary and a link to it.
https://www.perplexity.ai/search/please-find-an-article-parker-z29rHzp2QZ2kK2XqMoraGw
It changed my way of thinking about MoE that it will be in phases and we are in the process.
That has made me consider ways to create Unit of Account adoption in phases too and if you’re interested I can share more details
Eric Yakes, the author of The 7th Property, has a non-profit organization set up and running to help with the phased transition for MoE and UoA.
I don't know if Eric is on Nostr.
Ok, but shouldn't a medium of exchange be USED? That's my main concern. A strategic reserve makes sense for a Store of Value, but as a Medium of Exchange, I'd want it circulating in the economy.
see, this is what zaps are for, to show appreciation for art and soul.
I want more than "number go up" from Bitcoin. It can't be a medium of exchange or unit of account if it never moves.
So I don't believe that a US Strategic Reserve should be set to "NEVER SELL" because that eliminates the entire PURPOSE behind Bitcoin in the first place. Or at least 2/3rds of the purpose.
What don't I understand here?
#asknostr
oh I know. no worries.
They are not turning BTC into a ponzi, they are showing us that the US Dollar always was a ponzi.
Restarted app and now says loading. Empty feed. Yeah, we're early.
Found it, and gave app location permissions, but it still says no permissions given. Hmm.
What?! Where is that on the app?
That's just it. Corporations are not people, because there are circumstances in the law that they beg to use in their defense that say that they are not. People can't pick and choose when to be considered a person and when not to be. So neither can corporations.
In the context of a bribe, it's not a corporation making the decision to sign the check, it's a person in some position of authority within that corporate structure. That person should be held accountable for that decision. Brand Names, Trademarks, those are all just contracts, information.
No, corporations are contracts. They are pieces of paper. They have no natural rights under the law.
Citizens United was Treason. The 5 members of the US Supreme Court that voted for that decision should have been impeached and removed from office the next day.
The higher the percentage of a market the company controls, the higher the tax rate for transactions in that market.
Much like Nostr, we finally have a way to secure our records of at least what we say about events that cannot be manipulated after the fact by those who wish to spin the story.
So not even 'carved in stone' really means anything?!
Their purpose is to keep the world divided between East and West, Us v. Them. It should have been redefined after 9/11 to be "Nations Against Terrorist Organizations", but that would take brains. Honestly now it's just a repeat of Egypt and their allies fighting against the Sea Peoples at the end of the Bronze Age, and we all know how that turned out.